Avanti Hotel III

The “InRento” team presents a new buy-to-let investment opportunity: Avanti Hotel III. The investment offer is a hotel - AVANTI - located in a popular tourist destination in the northern part of Lithuania, the city of Biržai, at the address: Maironio str. 8, Biržai.

The hotel covers an area of ​​1080.44 m², consisting of 19 rooms, a conference room, a restaurant, a café, and common areas. The hotel has a private territory, including parking for guests. The site is guarded and monitored with security cameras.

The AVANTI Hotel generates revenue and is operational. However, the hotel’s renovation is planned in order to increase profitability. This will include both interior and administration aspects.

The owner, Justas Kaveckas, has already completed two projects on InRento (Modern office and S11-A, Vilnius). The average annual return for investors was 19.49%. As Biržai is his hometown, he knows the city well and sees the potential of this project.

The project owner will pay a fixed 8.01 – 8.51% annual interest (as a rental return) depending on the amount invested. The project also has a fixed percentage of capital gains. Investors earn a fixed 3.25% return on capital gains per year, which raises the overall return on the project to 11.26% – 11.76% annual return based on the amount invested.

This project has a timeshare, meaning that investors can stay in this hotel for free if they invest more than EUR 5000 (more information at the bottom of the project description).

We invite you to learn more about the city of Biržai.

Investors in this project have the opportunity to stay free of charge in the hotel:

On-season: from May 15th until September 30th. The reservations shall be made at least 45 days prior to the stay. In order to claim the vouchers, write an email to hotel@avanti.lt with your planned days of staying. Under 20,000 EUR investing, you can only use the offer once. 

This project will be funded in three phases:

The first (Avanti Hotel I) is funded with EUR 295,000 amount;

The second (Avanti Hotel II) is funded with EUR 95,000 amount;

The third (Avanti Hotel III) will be funded with EUR 45,000 amount.

The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 3.25% shall be applied to the Instalment.

Example calculation: If the Loan is repaid after one year, a fixed return of 3.25% applies. If the Loan is repaid after 24 months, a fixed return of 6.5% applies. If the Loan is repaid after 36 months, a fixed return of 9.75% applies. If the Loan is repaid after 48 months, a fixed return of 13% applies. If the Loan is repaid after 60 months, a fixed return of 16.25% applies.The profit margin is payable whether or not the Loan is repaid on sale of the property.